Important Compliance Requirements for Newly Incorporated Singapore Companies

Singapore is one of the easiest countries in the world to start and operate a business. Its pro-business socio-economic policies and favourable tax system offer great incentive and support to business owners, both local and international. However, Singapore, as a key regional business hub, is also committed to maintaining its orderly and transparent legal system. Companies incorporated in Singapore are therefore required to comply with statutory obligations stipulated by the Companies Act. Adherence to basic annual regulatory compliance requirements will [...]

Understanding Foreign Company Registration Options in Singapore

Singapore is no doubt the most preferred destination in Asia region by many international businesses and investors. The country is well endowed with essential resources that open it to the various lucrative regional markets. Other factors that make it ideal for foreign companies include lucrative consumer markets, unlimited investment hotspots, and affordable resources. Let us proceed and look at the various options available for international companies that wish to get registered and incorporated in the country. Subsidiary Company Based on the current [...]

Singapore Company Incorporation Process and Facts

Here is a brief overview of the minimum requirements of incorporating a private limited company in the Singapore. 1# Shareholding Unlike in other countries, business associates who are not citizens of Singapore are allowed to hold 100% ownership of a business. Though not mandatory, the firm assisting you to register your business can act as a nominated shareholder in the company. 2# One Local Director According to the current company incorporation regulation, one of the company directors has to be a citizen of Singapore. 3# Company Secretary All [...]

Advantages of Incorporating an Offshore Company in Singapore

Thousands of companies are now setting camp in Southeast Asia, a bid to take advantage of the emerging markets and the many business incentives offered by local governments. Here are some of the pro reasons why you should choose Singapore, which has consistently maintained a vibrant economy, boosting the largest foreign currency reserve per capital in the world, for company incorporation. Excellent Taxation System for Offshore Companies in Singapore Tax is one of the primary factors that any entrepreneur considers when venturing into a new market. [...]

Reasons to incorporate a limited liability company in Singapore

Incorporating a Private Limited Company in Singapore Even though Sole Proprietorship is the easiest and simplest business structure in Singapore that you can register to do business, it comes certain major disadvantages that must be understood and considered. Disadvantages of Sole Proprietorship No Separate Legal Entity There is no separation between the business owner and the business. This means that you are fully liable for all debts and legal actions filed against the business. Your liability is unlimited, and creditors can legally sue [...]

Requirements of Appointing a Company Secretary in Singapore

Singapore has many incentives to offer international companies planning to expand their business globally. Well known for its strict law enforcement, generous tax incentives, lucrative emerging markets, high education standards, and transparency in the corporate sector, starting a company in Singapore is also uncomplicated when you engage corporate services providers, such as VentureHaven. Post incorporation, hiring someone with extensive knowledge and understanding of new statutory corporate governance and compliance requirements is, therefore, a plus for new companies in Singapore, as the continuous [...]

Foreign Company Registration Options in Singapore

  Company Registration in Singapore for International Companies International companies that wish to establish themselves and register a company in Singapore, which is no doubt an ideal destination in Asia due to its lucrative consumer markets, unlimited investment hotspots, and affordable resources, can consider the following three available company models: Subsidiary Company: for expanding operations in Singapore; taxed as Singapore resident entity, local tax benefits available Based on the current interpretation of the company incorporation policy, a subsidiary company is a private limited [...]

Incorporating a Singapore Offshore Company

Singapore Offshore Company Incorporation Singapore was ranked  by the World Bank Group as the Number Two easiest place to do business in the world. A Singapore offshore company is a corporate entity that is not complex to establish and operate, as well as tax efficient, thanks to Singapore's  stable economic and political environment, and also its one-tier tax system. Furthermore, the process of registering an offshore company in Singapore involves only two procedures: one, reserve an approved company name, and two, register [...]

How Can You Be Helped By Our Services? VentureHaven Is Your One-Stop Partner

Singapore is now one of the most chosen places where foreign entrepreneurs are intrigued in starting their new businesses. It is not that the country is thriving for housing the top MNCs and global banks in this land, but this island republic has also provided equal provisions for the startups and small businesses from all sectors. You can also fulfill your dreams of establishing your business in Singapore with our help. VentureHaven is a popular name among the foreign entrepreneurs [...]

Cantonese Food Variety You Can Add In Your Singaporean Restaurant During Festivals

Cantonese culinary offers some mouth smacking food that is mainly prepared during their festivals in China. Today, the cuisine has reached the furthest corners of the world with its exotic taste, the oriental flavor, simple yet amazing spices that create excellent savor. Today, Cantonese food is one of the best-sellers despite geographical variations. Singaporeans also love tasting the Cantonese food. Along with registering and incorporating company Singapore, you should have to list in some authentic Cantonese food variety in [...]

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